June 13, 2017 @ 4:09 pm By Samantha Hurst  |  

Last week, Snapshot Games completed the crowdfunding campaign on Fig for its latest project Phoenix Point. Originally seeking $500,000, the initiative successfully raised a total of $765,948 from 10,314 backers. As previously reported, Phoenix Point was notably created by Julian Gollop, the veteran designer of the original X-COM games, and… Read More

June 13, 2017 @ 3:59 pm By Samantha Hurst  |  

On Tuesday, Biz2Credit released its latest Small Business Lending Index that revealed loan approval rates at big banks, small banks, alternative lenders, and credit unions took a slight dip in May 2017. According to the lending platform, small business loan approval rates at big banks… Read More

June 13, 2017 @ 3:15 pm By Samantha Hurst  |  

Less than three years after successfully securing £203,000 through Crowdcube, leather bag company, Beara Beara, has returned to the equity crowdfunding platform to raise £380,000 as it plans to establish a new factor and open a larger store in London. Beara Beara currently has shops… Read More

June 13, 2017 @ 2:14 pm By Samantha Hurst  |  

RideLink (previously known as DriveJoy), an online community where car owners can safely rent their cars directly to drivers, has successfully secured its initial £1 million funding target and has raised well over £1.1 million through its equity crowdfunding campaign on Seedrs. The initiative has already attracted more… Read More

June 13, 2017 @ 2:00 pm By Samantha Hurst  |  

Roomba inventor, Joe Jones, alongside Massachusetts-based robotics company Franklin Robotics, has launched a crowdfunding campaign on Kickstarter seeking $130,000 for his latest invention, a weed-killing robot called Tertill. The Tertill is described as a solar-powered and weatherproof robot that weeds gardens every day. The campaign’s description… Read More

June 13, 2017 @ 12:05 pm By Samantha Hurst  |  

Marketplace lending platform for small businesses, Lendio, announced on Tuesday it has signed a pilot agreement with Comcast Business. This new agreement is reportedly designed to provide Lendio’s small business customers with quick and easy access to capital. Lendio explained that the collaboration would also… Read More

June 13, 2017 @ 11:08 am By Samantha Hurst  |  

Fundbox, a cash flow optimization tool platform for small businesses, announced on Tuesday the launch of its new product, Direct Draw. According to the company, the Direct Draw product allows small businesses to easily apply for credit with just a business bank account, without requiring their… Read More

June 13, 2017 @ 10:25 am By Samantha Hurst  |  

UK-based peer to business property lender, Credit Peers, announced on Tuesday it has secured a £45 million credit line from a European investment management firm. This news comes just a few months after the lender launched its platform.  As previously reported, The online lender allows individuals to lend… Read More

June 13, 2017 @ 9:50 am By Samantha Hurst  |  

Crowdfunding platform Kickstarter recently announced it is collaborating with Qrates, which is described as an award-winning, one-stop service for creating and releasing vinyl records, for a new initiative called MAKE Vinyl. According to Kickstarter, the MAKE Vinyl initiative is set to help music creators access more tools and resources… Read More

June 12, 2017 @ 5:44 pm By Samantha Hurst  |  

Finland-based Ägräs Distillery recently completed its latest equity crowdfunding round on Invesdor. The company, which previously secured €200,000 through its first Invesdor campaign, closed the round with a grand total of €377,340. Ägräs Distillery was founded in mid-2015 and is headquartered, produces, and has entertainment facilities in… Read More

June 12, 2017 @ 3:51 pm By Samantha Hurst  |  

Kickstarter and Indiegogo alum Knix Wear recently announced the launch of its new leakproof undies line, Knixteen, which is specifically targeted towards teen girls 12 years old and older. The company previously secured $1,551,287 from more than 19,000 backers through Kickstarter and Indiegogo campaigns for its 8-in-1 Evolution… Read More

June 12, 2017 @ 3:37 pm By Samantha Hurst  |  

India-based Coverfox has reportedly raised Rs 96 crore ($15 million) during its latest Series C Funding Round, which was led by U.S. insurer Transamerica with participation from existing investors. Founded in 2013 byVarun Dua and Devendra Rane, Coverfox reportedly offers products online for Indian customers across… Read More

June 12, 2017 @ 12:20 pm By Samantha Hurst  |  

Elevate Credit (NYSE: ELVT), a provider of online credit solutions for non-prime consumers, announced on Monday the launch of Elevate Labs at its new San Diego-based Advanced Analytics Center. This news comes just a couple of weeks after the company revealed its Elastic product surpassed $200 million… Read More

June 12, 2017 @ 11:16 am By Samantha Hurst  |  

Less than a month after launching its equity crowdfunding campaign on Seedrs, London-based whisky brand 8O8 has successfully surpassed its initial £300,000 and is currently nearing £365,000 thanks to more than 200 investors. 8O8, which was founded in 2014 by co-founders, Tommy Danvers and Paul Pullinger,  is… Read More

June 12, 2017 @ 10:44 am By Samantha Hurst  |  

Earlier this month, crowdfunding platform GoFundMe, along with Yoobi, announced the winner of the “We Love Teachers” Fundraising Contest. The duo launched the initiative last month and it was described as a national initiative to support K-12 teachers, and GoFundMe will donate $1,000 to 100 campaign… Read More

June 12, 2017 @ 9:34 am By Samantha Hurst  |  

Reward-based crowdfunding giant Kickstarter announced the launch of its new Invention Challenge. The funding platform currently offers inventors a chance to share their ideas and invent something to “share with the world” by creating something that completes tasks, solves a problem, or simply makes life… Read More

June 12, 2017 @ 8:58 am By Samantha Hurst  |  

With nearly one week until its equity crowdfunding campaign on Crowdcube comes to an end, online premium personal styling service for men, The Chapar, has successfully secured its initial £1 million funding target thanks to more than 570 investors. As previously reported, The Chapar describes… Read More

June 12, 2017 @ 7:49 am By Samantha Hurst  |  

Online lending platform SoFi recently announced it has formed a partnership with airline company JetBlue to help customers manage their student loans while also earning travel rewards. The companies claimed this is the first partnership between a direct lender for student loans and an airliner…. Read More

May 15, 2017 @ 7:50 am By Samantha Hurst  |  

Less than one week after launching its equity crowdfunding campaign on Crowdcube, UK-based sports nutrition brand, TRIBE, has surpassed its initial £1 million funding target thanks to nearly 850 investors. The company reported that in the past 18 months since the founders quit their jobs to… Read More

May 13, 2017 @ 12:07 pm By Samantha Hurst  |  

FundYourselfNow, a global cryptocurrency crowdfunding platform, announced earlier this week it is set to launch in the first quarter of 2018. The funding portal revealed: “The year 2016 saw over $200 million worth of cryptocurrency investments raised though the ICO (Initial Coin Offering) process. But… Read More